24 CFR § 213.279 - Maximum amount of distributive share.

---
identifier: "/us/cfr/t24/s213.279"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 213.279 - Maximum amount of distributive share."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "213.279"
section_name: "Maximum amount of distributive share."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "B"
subchapter_name: "MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES"
part_number: "213"
part_name: "COOPERATIVE HOUSING MORTGAGE INSURANCE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1715b, 1715e; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24553, Dec. 22, 1971, unless otherwise noted."
cfr_part: "213"
---


# 213.279 Maximum amount of distributive share.

In no event shall a distributive share of the Participating Reserve Account exceed the aggregate paid scheduled annual premiums of the mortgagor paid to the year of termination of the insurance or to the year of payment of the share, if paid prior to termination.